Protecting Your Legacy
Many people are quick to tell parents that they need to establish estate plans. After all, their children are fully dependent on them. Should a parent die or become incapacitated, their children may be left without basic, necessary support. New parents who draft wills...
There are many different documents that people can add to an estate plan. Most people are familiar with wills which allow individuals to name specific beneficiaries to receive their assets, assign someone the role of guardian and nominate someone to act as their...
People tend to dislike contemplating unpleasant scenarios. It makes sense then that most people don't like to think about what happens after they die. Many people put off estate planning until a personal experience forces them to prioritize the process. Many others...
Adding a trust to an estate plan can result in a host of different benefits. Trusts could help people qualify for government benefits later in life when they live on a fixed income. They can give an individual more control over how their family members use inherited...
The aftermath of the death of a loved one is a difficult time, and it can become even more complicated if you suspect there may be something amiss with their will. Undue influence usually occurs when someone manipulates or coerces a testator (the person making the...
Families often have a lengthy grieving process ahead when someone dies. It can take years to work through the emotions inspired by someone's passing. Surviving family members also have to handle numerous practical challenges while dealing with the emotional...
The probate process is relatively lengthy and complex. Many people find estate administration to be a frustrating process even if they willingly agreed to assume that responsibility years before. They have to attend court hearings, gather documents, communicate with...
The executor or personal representative tasked with administration of an estate must manage a lot of responsibilities. And, ultimately, they could very easily make a mistake that could derail the Texas probate process and drastically reduce how much the beneficiaries...
An estate plan is as much about the peace of mind of the testator as it is about the financial protection of their closest family members. Estate plans outline who will receive property from an estate and also provide guidance for scenarios wherein an individual...
Trusts are very powerful tools for protecting oneself and establishing a meaningful legacy. Many modern estate plans make use of trusts. Although some people think of a trust as a tool for the incredibly wealthy, many middle-class and working-class households can also...
